“Aside from what is happening on Capitol Hill today I think financials you know a large part of that has to do with interest rate policy and monetary policy. If in fact we are going to be in this extended period of lower rates for longer well then there are certain types of securities that pay an attractive yield that will remain attractive such as preferred securities and the majority of those tend to be financial companies. ”

Deutsche Bank stock sinking. A number of hedge funds have cut their exposure to the bank.

Dunkin Brands group a bit higher. The donut chain will partner with Coca Cola on a line of cold coffee drinks.

U.S. economic growth was less sluggish than previously thought in the second quarter. GDP revised up to a 1.4 percent rate. Business investment rose for the first time in nearly a year

Turning to Europe, shares were relatively flat with weakness in drugmakers offsetting strength in energy shares.

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